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blue dog

11/24/15 6:38 PM

#98253 RE: risk on #98243

There's a difference between being untrue (especially for guess about what will happen in the future) and fraudulent explanations of what happened in the past. Also, as you are fond of saying, an SEC report is more serious than a PR. In both types of publication, the safe-harbor statement about future events likely protects many rosy predictions, or it at least makes it more difficult to prove fraud.

Don't think SNEY veers into the gray area of untruths ? Just look at every single PR from the spring of 2014 , and tell me which of the things proclaimed was true? Or even had a chance of being true at the time they were issued.

I know you are open minded, so that's directed at you per say , it's more akin to rhetorical questions for any.


Your theory about where revenues and share-sale income went sounded like dodgy accounting to me; given its placement in an SEC report, that could be a materially false or misleading statement (assuming that you're right), which makes me suspect that you're not right. As discussed above (and by you ad nauseam), a company can puff itself without significant exposure in forward-looking statements. Why risk a whopper about the past in SEC reporting?